CA > Lake Elsinore
Lake Elsinore, CA 92530,305 Line Street
Lake Elsinore, CA 92530,305 Line Street
Lake Elsinore, CA 92530,305 Line Street
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$489,000
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4 Beds
Active

305 Line Street Lake Elsinore, CA 92530

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Patty Doyle

Patty Doyle

+1(619) 886-0321

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG25164027

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property Description

Prime R3 Zoned Development Opportunity in Lake Elsinore Attention Investors and Developers! Seize this exceptional opportunity to acquire a substantial, Approx 18,000 sq ft R3-zoned lot in the thriving City of Lake Elsinore. This property offers immense potential for multi-unit development, with specific building guidelines available through the City of Lake Elsinore Planning Department. Currently, the property features a main residence generating rental income. Additionally, there are two existing outbuildings, presently utilized for storage, which hold future potential for permitted units or auxiliary structures. At this time the 2 units are not permitted for units, storage only For those envisioning significant development, this expansive parcel provides ample space to demolish the existing structures and construct multiple new units, complete with dedicated garage parking. This offering represents a rare chance to capitalize on a property with tremendous redevelopment potential in a desirable location.

Location

State CA

County Riverside

Zoning Assessor

Direction One block north of downtown Lake Elsinore

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 374273006

MLS Router / San Diego MLS
Listed by Carol Goode Grand Homes Real Estate

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Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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305 Line Street

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